Through early intervention, formal insolvency procedures can be avoided. It is however inevitable that on some occasions, formal insolvency is unavoidable. We are sympathetic to the financial constraints of a business or individual in distress and it is for this reason that you would benefit from an initial confidential review completely free of charge, irrespective of whether you or your business is based in Leicester, the East Midlands or beyond.

Our formal insolvency services can be summarised, but are not limited to the following:

Corporate Insolvency – we can advise companies on the various formal corporate procedures available. These are: Company Voluntary Arrangement, Administration, Creditors’ Voluntary Liquidation and Compulsory Liquidation (also known as Winding Up by the Courts). You can read more about these processes by clicking here.

Personal Insolvency – for individuals that find themselves in financial difficulty, there are two main procedures available: Individual Voluntary Arrangements; or Bankruptcy. For more information about these processes, please click here.

Solvent Restructuring – this is more commonly known as a Members’ Voluntary Liquidation and is a tool available to the company’s shareholders to unlock the company’s capital. This procedure can be a very useful and tax efficient tool when restructuring a company or a group of companies. Please click here for more information about this.

With all of the above, expect advice relevant to the individual circumstances is required and we can provide a tailored and bespoke solution. Please contact us for a free initial consultation and there is no obligation to continue with our service.